Petrol price reduced for next fortnightly review

ISLAMABAD(a1tv news)The Pakistan Democratic Movement (PDM)-led federal government Monday announced decreasing the price of petrol by Rs12 per litre to Rs270 per litre after a fall in the international oil rate.

The rates will come into effect at 12am tonight and remain in place for the next fortnight, Minister for Finance and Revenue Senator Ishaq Dar said during a televised address.

The rates of petroleum products have been slashed by up to RS30 per litre, as the government “tries to give relief to the masses during every fortnightly review”,  the minister said.